As Delaware’s exports to Germany grow, Markell will travel to that nation to expand the business relationship even more.
In 2014, Delaware sent $390.4 million worth of goods and services to Germany. Over the past two years, the state’s exports to the European nation increased 28.8 percent.
“Success for our state in the 21st century means looking beyond our borders for ways to create jobs and economic opportunity for Delawareans,” Markell. “We must ensure that leading international business communities appreciate all that Delaware has to offer.”
While in Germany, Markell will meet with IHK’s Munich and Upper Bavaria chapter, a group with about 400,000 member countries. He’ll also visit the Bavarian Industry Association which represents more than 100 Bavarian economic and employers’ associations. He’ll also meet with leaders from BioM, the networking agency for Munich and Bavaria’s biotechnology sector.
In addition to sparking new business ties, Markell hopes to strengthen relationships with companies who already do business in Delaware like specialty flooring firm Uzin Utz, which will soon open its first plant in Dover.
“We are excited that the Governor is making this trip not only to our home country, but specifically to build relationships in the South of Germany,” said Philipp Utz, President of Uzin Utz Manufacturing North America Inc. “It will be of great benefit to many other German entrepreneurs to learn about the state and Delaware companies will also have a lot to gain from better ties with Germany’s economy.”
Markell’s office said the trip will cost less than $50,000. It’s Markell’s first foreign trade mission since he traveled to Israel two years ago.